Tampa:
No changes have been noted at Tampa since the $55/lt CFR third-quarter settlement, a $48/mt decline from $103/lt CFR in the second quarter.
US Gulf:
The US Gulf market has strengthened in line with international market trends, sources said, noting prices ranging from $85-$90/mt FOB, up from last week’s $75-$85/mt FOB. The market continues to see healthy demand from both industrial and fertilizer consumers.
Brazil:
Market expectations in Brazil are increasing again after the CMOC tender was reportedly scrapped. Prices are now estimated at $110-$130/mt CFR, up from last week’s $100-$120/mt CFR range. Buyer expectations were noted at the low side, while reported offers set the top.
Vancouver:
Vancouver prill prices were unchanged at $90-$95/mt FOB.
Alberta:
Alberta netbacks were estimated at a wide (-)$60-$25/mt FOB. The range included both molten sulfur cargoes contracted into the US market and solid tons sold internationally through the Vancouver export market.
West Coast:
West Coast prill indications ran even with Vancouver in the $90-$95/mt FOB range, consistent with week-ago prices.
Third-quarter molten sulfur contracts remained at $45-$50/lt FOB, down from $98-$106/lt FOB in the previous period, a decrease of 53.4%.
China:
Sulfur pricing at China pulled back to $120-$125/mt CFR, sources said, below the last reported $120-$130/mt CFR range. Market players noted concerns about high inventory levels at Chinese ports, reported at around 2.4 million mt. At the same time, phosphate prices remain strong due to historic demand from India, putting upward pressure on the Chinese phosphate market.
ADNOC:
The August price for prilled sulfur produced by Abu Dhabi National Oil Co. (ADNOC) was unchanged at $80/mt FOB Ruwais.
Qatar:
Muntajat posted sulfur pricing for August continued at $82/mt FOB Ras Laffan, sources said.